ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Rocket Lab to Launch Pair of Satellites for BlackSky from New Zealand Just Days After Successful Launch from Virginia

The mission, Rocket Lab’s 8th mission for BlackSky Global, is scheduled to lift-off from Launch Complex 1 in New Zealand just six days after a successful mission from Launch Complex 2 in Virginia.

Rocket Lab USA, Inc (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a leading launch and space systems company, announced that it will launch a pair of satellites on a dedicated Electron mission for BlackSky (NYSE: BKSY) through global launch services provider Spaceflight, Inc., during a launch window opening March 22, 2023 UTC.

The mission, named “The Beat Goes On,” will launch two of BlackSky’s Gen-2 Earth-imaging satellites from Pad B at Rocket Lab Launch Complex 1 in Mahia, New Zealand and will bring the total number of satellites delivered by Electron to orbit to 159. Electron will deliver the satellites to a circular 450KM orbit, which will bring the total number of satellites in BlackSky’s constellation to 16.

As a secondary mission, Rocket Lab plans to recover Electron’s first stage after it parachutes back to Earth and splashes down in the ocean. Rocket Lab’s recovery team will retrieve Electron using a customized vessel and transport the stage back to Rocket Lab’s production complex for analysis. Data from this recovered stage will inform Rocket Lab’s ongoing recovery and reuse program.

Rocket Lab founder and Chief Executive Peter Beck says: “We’re proud to continue playing a key role in building out BlackSky’s growing constellation. We’ve now delivered 9 satellites to orbit for BlackSky since our first launch for them in 2019 and we’re grateful to have been entrusted with their mission once again. Counting down to another mission just six days after a successful launch from LC-2 in Virginia is no mean feat and testament to our team’s experience and dedication to delivering response launch.”

The pair of high-resolution, multi-spectral, Gen-2 satellites to be launched on Electron will expand BlackSky’s network in space and its offering of real-time geospatial intelligence and monitoring services. BlackSky combines high-resolution images captured by its constellation of microsatellites with its proprietary artificial intelligence software to deliver analytics and insights to industries including transportation, infrastructure, land use, defense, supply chain management, and humanitarian aid.

+ About Rocket Lab

Founded in 2006, Rocket Lab is an end-to-end space company with an established track record of mission success. We deliver reliable launch services, satellite manufacture, spacecraft components, and on-orbit management solutions that make it faster, easier and more affordable to access space. Headquartered in Long Beach, California, Rocket Lab designs and manufactures the Electron small orbital launch vehicle and the Photon satellite platform and is developing the Neutron 13-ton payload class launch vehicle. Since its first orbital launch in January 2018, Rocket Lab’s Electron launch vehicle has become the second most frequently launched U.S. rocket annually and has delivered 157 satellites to orbit for private and public sector organizations, enabling operations in national security, scientific research, space debris mitigation, Earth observation, climate monitoring, and communications. Rocket Lab’s Photon spacecraft platform has been selected to support NASA missions to the Moon and Mars, as well as the first private commercial mission to Venus. Rocket Lab has three launch pads at two launch sites, including two launch pads at a private orbital launch site located in New Zealand and a third launch pad in Virginia, USA. To learn more, visit www.rocketlabusa.com.

Contacts

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.